Unaudited Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 124,522,000	$ 109,517,000
Restricted cash, current portion	730,000	1,346,000
Prepaid expenses and other current assets	2,285,000	3,232,000
Total current assets	127,537,000	114,095,000
Restricted cash, net of current portion	894,000	894,000
Property and equipment, net	1,675,000	2,339,000
Operating lease right-of-use assets	3,846,000	397,000
Other assets	61,000	83,000
Total assets	134,013,000	117,808,000
Current liabilities:
Accounts payable	760,000	182,000
Accrued expenses and other current liabilities	6,979,000	5,659,000
Current portion of deferred revenue	10,501,000	9,387,000
Operating lease liabilities, current portion	1,625,000	286,000
Total current liabilities	19,865,000	15,514,000
Deferred revenue, net of current portion	2,180,000	8,113,000
Operating lease liabilities, net of current portion	4,825,000	1,688,000
Derivative tranche liability	0	44,760,000
Other long-term liabilities	49,000	29,000
Total liabilities	26,919,000	70,104,000
Commitments and contingencies (Note 4)
Stockholders’ equity:
Common stock, $0.0001 par value per share, 175,000,000 shares authorized as of September 30, 2026 and December 31, 2025, 62,754,200 and 51,902,614 shares issued and outstanding as of September 30, 2026 and December 31, 2025, respectively	7,000	6,000
Additional paid-in capital	480,060,000	339,854,000
Accumulated deficit	(372,973,000)	(292,156,000)
Total stockholders’ equity	107,094,000	47,704,000
Total liabilities and stockholders’ equity	$ 134,013,000	$ 117,808,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).